Hugh Raymond Associates formerly C.H.R. Associates
What this means for you
Because Hugh Raymond Associates formerly C.H.R. Associates has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.
Background
Hugh Raymond Associates, formerly trading as C.H.R. Associates (FRN 135020), has been declared in default by the Financial Services Compensation Scheme. The firm's specific product offerings cannot be determined from available records. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the type of financial product involved; eligible compensation typically ranges from £85,000 for deposits and investments to 90% of losses for insurance policies with no upper limit.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.